All Forum Posts by: Shital Patel

Thanks a lot for recommendation.

I am looking to buy my first rental property in jacksonville Florida area.. I am currently living in NJ. so this would be long distance investment. and would be my first investment property. can anyone suggests me some good zipcodes to look for..my budget is around 150K (20% down and rest is bank loan). i would prefer single family houses to avoid HOA.. but looking at zillow i am not able to find decent property.. this is my first property and i would prefer turn key read to rent out property.

Please anyone can give me some guidance or advice would be appreciated.

Thanks

I am ready to buy first rental property in Florida. I am planning to register new LLC.. but i am confused where to register.. I am living in NJ. i know there are benefits of registering LLC in Delaware and operate as foreign LLC in Florida. After doing some research it sounds like you will still need someone currently residing in Florida for signing paper work if you want to operate as foreign LLC.. what are pros/cons of registering LLC in Florida and /or Delaware ? can i do it myself or do i need to hire CPA ?

Thanks